Innsbruck-based Wolftank-Adisa AG has signed a cooperation agreement with the Zhenhai District and the City of Ningbo in the environmental protection area, based on the framework of the project “China’s new Silk Road -one belt one road-” together with the Austrian economic delegation under the patronage of Federal Chancellor Sebastian Kurz. The long-term cooperation includes the use of the Wolftank-Adisa “in-situ cleaning technology” for the chemical- and industrial park Ningbo, as well as further activities in the industrial tank refurbishment.

“This cooperation agreement, supported by our federal government, is a further milestone in our company’s history and underscores the long-standing and successful cooperation with our Chinese partners,” rejoiced Dr. Peter Werth, CEO of Wolftank-Adisa-Holding AG.

The increasing environmental awareness in one of the largest and fastest growing industrial nations in the world enables us to expand our existing environmental protection activities and to significantly participate in the upswing in this sector”, Dr. Werth continued.

Ningbo is a coastal city with 6 million inhabitants in the East Chinese province of Zhejiang and has the second largest and most important port in the country, next to Shanghai, about 200 km away. In the immediate vicinity is the economic district of Zhenhai with the largest tank farm and one of China’s largest chemical and industrial parks.

About Wolftank Adisa GmbH

Wolftank-Adisa Holding AG is the parent corporation of an international group of companies focusing on the remediation and monitoring of petrochemical tank farms and environmental protection services for contaminated soils and facilities. The patented application technology, based on high-tech, in-house developed epoxy resins, enables a cost-effective and rapid rehabilitation of defective tank systems in refineries tank farms and gas stations, including remote monitoring and ensuring business continuity during our operations.

Wolftank-Adisa Holding AG (ISIN: AT0000A25NJ6; WKN: A2PBHR) is trading on the Munich Stock Exchange and is also listed on the Vienna Stock Exchange in the
direct market plus segment.


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